In order to facilitate the preparatory work of insurance and reinsurance undertakings for Solvency II, the European Insurance and Occupational Pensions Authority (EIOPA) has today launched a public consultation on Guidelines for the Own Risk and Solvency Assessment (ORSA) for Solvency II.

EIOPA invites market participants and insurance and reinsurance stakeholders to participate in this consultation. EIOPA welcomes comments from all interested parties.

Details are set out in the Consultation Paper No. 008 that can be accessed via EIOPA web site.

This consultation starts on Monday, 7 November, 2011 and will end on Friday, 20 January, 2012 at 18.00 HRS CET. Comments should be submitted via email to [email protected] (Link: [email protected]). Please note that comments submitted after the deadline or not submitted on the provided template cannot be processed by EIOPA.

The Consultation Paper No. 008 and the template can be accessed on the EIOPA web site (Link:
https://eiopa.europa.eu/consultations/consultation-papers/index.html).

Click here to read the Consultation Paper No. 008 (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/consultations/consultationpapers/CP08-
11/CP8_SII_Guidelines_ORSA.pdf)

Click here to download template to submit comments. (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/consultations/consultationpapers/CP08-
11/EIOPA_Template-for-Comments-on-CP8_ORSA.doc)

It is appreciated if any feedback provided to EIOPA is copied to the Malta Financial Services Authority – Insurance and Pensions Supervision Unit on e-mail [email protected]
MFSA Ref: 49-2011